Mortgage Market Brain Dump : December 15, 2008

The Witching Hour: In November, the 3:00 P.M. hour generated 26 percent of the total S&P 500 volume for the month; the last 30 minutes accounted for 17 percent. Markets are closing out the day in spastic fashion and mortgage rate shoppers often pay the price. When markets move towards...



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[Source: The Mortgage Reports Blog]